Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 11, 2011, 05:04:52 pm
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EUR/JPY Mid-Day Outlook
EUR/JPY drops sharply to as low as 114.20 but is still contained above 111.95 support. There is no confirmation of reversal yet and we'll stay neutral first. Nevertheless, decisive break of 111.95 will indicate that whole rise from 106.81 is finished. Also, this will also suggest that medium term consolidation<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/NecLi3hC27Q" height="1" width="1"/>
Source: EUR/JPY Mid-Day Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/NecLi3hC27Q/)